Global market for ultrasonic technology to reach $45.2 billion by 2020

July 18, 2014

Ultrasonics has become an important tool in many fields and has applications in materials science, medicine, dentistry, oceanology, marine navigation, petroleum and mineral prospecting, industrial processes and noise cancellation.

It is estimated that the ultrasonic technologies will have a higher growth in developing countries, as many of the high-growth polluting industries have been shifted to these countries. With its rapidly increasing usage, there is high potential for ultrasonic technology in the near future.

BCC Research provides a detailed study of the global ultrasonic market through its report, Ultrasonics: Technologies and Global Markets. According to the report, this market was valued at $21.5 billion in 2013. This is expected to reach nearly $23.9 billion by 2014. By 2020, it is forecast to be valued at $45.2 billion with a compound annual growth rate (CAGR) of 11.2% during the years 2015 through 2020.

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Use this report for, but not limited to, the following reasons:

  • Gain an overview of the global market for ultrasonics and related technologies and products
  • Analyze global market trends, with data from 2013, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020
  • Identify viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • Evaluate ultrasonic market opportunities to help develop targeted promotion plans
  • Access information on market player initiatives attempting to meet market demand for various types of ultrasonic products
  • Review profiles of major companies in the industry
SAMPLE FIGURE
GLOBAL ULTRASONIC MARKET, 2013-2020
($ MILLIONS)

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Click here to Order your copy of this report (or any of its chapters) or to download the Complimentary Introduction chapter.

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Global market for ultrasonic equipment to reach $27.7 billion in 2016

September 25, 2012

The global market for ultrasonic equipment in 2010 was $16.4 billion. This is expected to reach nearly $17.6 billion in 2011 and then further increase to $27.7 billion in 2016, at a compound annual growth rate (CAGR) of 9.6% for the 5-year period.Learn about the global and regional markets for various types of ultrasonic technologies and products with reasons given for variations in the growth of the industry in certain regions…

Use this report to:

  • Understand the essentials of the ultrasonic technologies and products market, including definitions, processes, dynamics, and trends
  • Identify viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • Evaluate ultrasonics market opportunities and develop targeted promotion plans by identifying high-growth applications in expanding markets
  • Stay on top of competitor initiatives to meet the market demand for various types of ultrasonic products.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

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GLOBAL ULTRASONIC MARKET, 2009-2016
($ MILLIONS)

Global market for ultrasonic equipment to reach $27.7 billion in 2016

August 30, 2011

The global market for ultrasonic equipment in 2010 was $16.4 billion. This is expected to reach nearly $17.6 billion in 2011 and then further increase to $27.7 billion in 2016, at a compound annual growth rate (CAGR) of 9.6% for the 5-year period.

Learn about the global and regional markets for various types of ultrasonic technologies and products with reasons given for variations in the growth of the industry in certain regions…

Use this report to:

  • Understand the essentials of the ultrasonic technologies and products market, including definitions, processes, dynamics, and trends
  • Identify viable technology drivers through a comprehensive look at various platform technologies for new and existing ultrasound products and application markets
  • Evaluate ultrasonics market opportunities and develop targeted promotion plans by identifying high-growth applications in expanding markets
  • Stay on top of competitor initiatives to meet the market demand for various types of ultrasonic products.

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

GLOBAL ULTRASONIC MARKET, 2009–2016 ($ MILLIONS)

GLOBAL ULTRASONIC MARKET, 2009–2016 ($ MILLIONS)